Despite Nigeria's economy being based around the production of oil, they failed to reap the rewards when times were good. Now oil prices have fallen, the economy has gone from bad to worse.
An oil crunch is looming on the horizon in the absence of government intervention and unprecedented output increases, the IEA said. One scenario anticipates peak oil in 2040.
In Nigeria's Niger Delta, gas flares are killing crops, polluting water and damaging human health. The Nigerian government has promised to tackle the problem — but new data shows flaring has even gone up.
Iran has vowed to skirt US sanctions and keep exporting oil. The US goal of cutting Iranian oil exports to zero is already being rolled back by reality.
DW's Asumpta Lattus spoke to Brian T. Neubert, the director of the US State Department's Johannesburg-based Africa Regional Media Hub, about the state of US-Africa relations.
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